This summary was created by AI, based on 4 opinions in the last 12 months.
Seagate Technology has garnered mixed reviews from experts, showcasing a divergent outlook on the stock's performance. Some analysts view it as a value trap, citing a history of stagnant performance and low valuations. Conversely, there are optimistic perspectives following strong earnings reports from Dell and promising quarterly results from Seagate itself, suggesting an upward trend in demand driven by AI advancements in computing. The recent growth in PC demand and expectations of improved margins further bolster the optimism for Seagate, positioning it favorably within the market. Overall, the prevailing sentiment indicates a cautious yet hopeful outlook on Seagate's future, especially in light of increased pricing power and volume growth.
Just bought this for the first time. AI is driving a new refresh cycle in PCs. Also, we haven't upgraded PCs in 4-5 years. Dell just said their PC business was up 3% instead of the expected -2%. HPQ will see growth in the second half of this year, for the first time in 2 years. Also, AMD said last Sunday that their AI PC chips are 5x the speed of existing chips. Seagate leads this sector. Gross margins are poised to go higher. Margins could expand 1,000 basis points year over year. They have pricing power and volumes are rising. She might be early on it, but that's fine.
Seagate Technology is a American stock, trading under the symbol STX-Q on the NASDAQ (STX). It is usually referred to as NASDAQ:STX or STX-Q
In the last year, 7 stock analysts published opinions about STX-Q. 1 analyst recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Seagate Technology.
Seagate Technology was recommended as a Top Pick by on . Read the latest stock experts ratings for Seagate Technology.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
7 stock analysts on Stockchase covered Seagate Technology In the last year. It is a trending stock that is worth watching.
On 2025-04-01, Seagate Technology (STX-Q) stock closed at a price of $84.54.
The stock has never done and has always been cheap. It's a value trap.